Australia vs Denmark: Gross Fixed Capital Formation — Value Standard Local Currency
Gross Fixed Capital Formation — Value Standard Local Currency over time
- Australia
- Denmark
How they compare
Australia currently reports 703,358 million SLC against 661,843 million SLC in Denmark, a difference of 41,515 million SLC.
That makes Australia's figure about 1.1 times Denmark's.
The two have swapped places 3 times across 55 shared years of data; in 1970 it was Denmark ahead.
Australia ranks 66th and Denmark ranks 69th of 202 countries.
Across the 6 decades both report, Australia averaged higher in 1 and Denmark in 5.
Head to head by decade
| Decade | Australia | Denmark | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 21,740 million SLC | 55,908 million SLC | 34,168 million SLC | Denmark |
| 1980s | 72,487 million SLC | 127,198 million SLC | 54,712 million SLC | Denmark |
| 1990s | 127,876 million SLC | 205,458 million SLC | 77,582 million SLC | Denmark |
| 2000s | 264,694 million SLC | 340,042 million SLC | 75,348 million SLC | Denmark |
| 2010s | 426,705 million SLC | 408,568 million SLC | 18,136 million SLC | Australia |
| 2020s | 592,492 million SLC | 610,808 million SLC | 18,316 million SLC | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value standard local currency, Australia or Denmark?
- Australia, at 703,358 million SLC against 661,843 million SLC in Denmark as of 2024.
- What is the difference in gross fixed capital formation — value standard local currency between Australia and Denmark?
- 41,515 million SLC, with Australia ahead.
- How many years of comparable data are there for Australia and Denmark?
- 55 years are reported by both, from 1970 to 2024.
- How do Australia and Denmark rank globally for gross fixed capital formation — value standard local currency?
- Australia ranks 66th and Denmark ranks 69th of 202 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).